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MondayJun 24, 2019 11:55 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Strategic Agreement with Israel-Based Fantasy Network Ltd.

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a strategic business cooperation agreement with Fantasy Network Ltd. (TASE: FNTS) of Tel Aviv, Israel. Under the agreement, the companies will form the foundation to joint venture business opportunities in the Israeli medical cannabis sector. The signed agreement provides Redfund a framework to access Fantasy’s currently-controlled projects, as well as those under negotiation primarily in Israel. In addition, Redfund will assist Fantasy in licensing patented Israeli medical technology and cannabis delivery systems outside of Israel and provide capital, alongside Fantasy, to medical cannabis businesses. “Israel…

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MondayJun 24, 2019 10:24 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Receives Health Canada Approval for Additional 17 Licensed Cultivation Rooms

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) today announced its receipt of Health Canada approval for the licensing of 17 additional cultivation rooms within its facility’s Phase 4A/4B perimeter. According to the update, approval of the additional licensed cultivation space increases annual target production capacity to 61,000 kg. "Sustainable growth, exceptional quality and constant innovation are the pillars of our overall strategic approach," Organigram CEO Greg Engel said in the news release. "We are proud to continue to increase our physical capacity to meet the needs of cannabis consumers across the country while also bringing new thinking and technology to…

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MondayJun 24, 2019 10:08 am

CannabisNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Launch of London-Based Investment Platform

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced the launch of its London-based investment platform, Supreme Heights, which is focused on opportunities in the UK and European CBD health and wellness space. The platform will draw on Supreme Cannabis' experience launching premium brands and benefit from its regulatory, product commercialization, supply chain, marketing and capital markets expertise and corporate support services. "The rapidly evolving CBD markets in the UK and Europe present compelling investment opportunities given the promising environments for new health and wellness companies to establish differentiated brands and capture meaningful market share. Supreme…

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MondayJun 24, 2019 9:44 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Releases 2019 Annual and Special Meeting Results

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) on Friday announced the results of its 2019 annual and special meeting. Held on June 20, 2019, there were 43,217,711 company shares represented in person or by proxy at the meeting, constituting 55.1 percent of Lexaria's issued share capital as of May 3, 2019, the record date of the meeting. The matters voted upon included board member elections, the appointment of Davidson & Company LLP as auditors, approval of the company’s equity incentive plan and executive compensation, and the timeline for approval of executive compensation going…

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FridayJun 21, 2019 3:02 pm

CannabisNewsBreaks – MustGrow Biologics Corp. Providing Farmers with a Natural Alternative to Synthetic Pesticides, Fertilizers

MustGrow Biologics, an agricultural biotech company, is developing and commercializing a natural biopesticide and bio-fertilizer that offers an alternative to cannabis and fruit and vegetable growers that are unable to use synthetic pesticides and fertilizers. A recent article discussing the company reads, “MustGrow’s technologies provide nematode control that is equal and often superior to synthetic alternatives, resulting in elevated yields and increased returns for the grower. Continued use of modern synthetic crop protection products can create a resistance to these conventional products among pests. Advancements in integrated pest management solutions, along with an increase in organic farming, is expected to…

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FridayJun 21, 2019 2:52 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Advanced Chinese Extraction Technologies to Enter Hemp CBD Extraction Equipment Market

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, recently announced that it intends to utilize its access to advanced Chinese extraction technologies to enter the hemp CBD extraction equipment and technologies market (http://cnw.fm/6Cn40). An article discussing the company reads, “In addition to supplying ‘legacy extraction equipment to extraction companies,’ Sugarmade plans to begin distribution of ‘next generation extraction technologies developed in the Chinese province of Yunnan where the hemp industry has existed for more than a thousand years,’ CEO Jimmy Chan stated in a news release. . . . The proprietary Chinese technologies hold the promise of…

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FridayJun 21, 2019 2:13 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Continues to Demonstrate Effectiveness in Lab Testing

Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) patented drug-delivery platform, DehydraTECH, has exhibited continued success in recent animal lab tests by delivering cannabinoids to the bloodstream faster than conventional cannabinoid formulations (http://cnw.fm/YT1r4). A recent article discussing the company reads, “Lab tests and actual licensed use in the cannabis industry have proved that DehydraTECH’s long-chain fatty acid (“LCFA”) formulation is able to deliver cannabinoids faster than formulations with medium-chain triglyceride (“MCT”) oils, such as coconut oil. DehydraTECH also offers the most advanced flavor and aroma-profile masking techniques in the industry. The groundbreaking technology could negate the need for artificial chemical masking agents…

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FridayJun 21, 2019 2:02 pm

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Establishing its Position as a Leading Supplier of Water-Soluble Cannabis Solutions

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G), a company engaged in developing and bringing to market cannabis consumer products, is working toward its goal to establish itself as the leading supplier of water-soluble cannabis solutions and bio-natural oils for beverages and edibles. A recent article discussing SRUTF reads, “The company’s chief science officer, Dr. Arup Sen, reviewed recent accomplishments in an interview with InvestorIdeas.com that featured the company’s technological breakthrough in producing and formulating the first natural, truly water-soluble cannabis solution (http://cnw.fm/uPEk7). . . . ‘We will be pretty much standing alone in the field of making beverages that will…

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FridayJun 21, 2019 11:09 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Offers Discount for SingleSeed Relaunch of LALPINA CBD Water Following Site Crash Due to High Demand

SinglePoint (OTCQB: SING) this morning reported that its ecommerce site SingleSeed.com crashed and experienced a delay in ordering yesterday due to the overwhelming response to LALPINA CBD Water, a brand of American Premium Water Company (OTC: HIPH). To apologize for this inconvenience, the company is offering a 10% discount on LALPINA CBD Water products through the weekend using the code “CRASH” at checkout. “LALPINA CBD has been a great product on our site. And this response for their product is very exciting for SingleSeed and LALPINA CBD. We look forward to continuing our great relationship and shipping orders of LALPINA…

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ThursdayJun 20, 2019 3:20 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Employs Aggressive Expansion Strategy

West Coast-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: ZRRRF), formerly Zara Resources Inc., has deployed an aggressive growth strategy to expand throughout the US from its headquarters in Washington, resulting in new operations in Oregon and California, with plans to continue growth into other states throughout 2019. An article further discussing the company reads, “‘I refer to IONIC Brands Corp. as an upstart company now, not so much a startup,’ CEO and Board Chairman John Gorst stated in an April interview (http://cnw.fm/bnP7p). ‘We’re working to develop hard systems that run our businesses regionally and eventually nationally with the end goal…

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